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The NuPress Valet Co. has an improved version of its hotel stand. The investment cost is expected to be $67,000,000 and will return $11,700,000 for
The NuPress Valet Co. has an improved version of its hotel stand. The investment cost is expected to be $67,000,000 and will return $11,700,000 for 4 years in net cash flows. The debt to equity ratio is 1.8. The cost of equity is 12%, the cost of debt is 7%, and the tax rate is 27%. What is the NPV of the project? The NPV of the project is -$28,916,305.46. The NPV of the project is $39,125,080.41. The NPV of the project is - $27,874,919.59. The NPV of the project is -$27,925,558.14
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